Liu Aihua: As you have noticed, there have been some fluctuations in the growth rate of some indicators this month. This fluctuation is quite common between months. When we judge the overall economic situation, we need to take the overall situation into consideration and better grasp the trend and direction of economic development.
Judging from the main situation we have in January-July, including the development trend of economic growth, employment, price and other major indicators, the current economic operation is still in a reasonable range, continuing the overall stable, steady and progressive development trend, mainly reflected in four aspects:
Second, domestic demand has been optimized and expanded. Firstly, investment grew steadily. Fixed assets investment grew by 5.7% year-on-year in January-July, basically the same as in previous months. Among them, the investment in manufacturing industry increased by 3.3% and rebounded slightly for three consecutive months, while the investment in high-tech industry continued to grow rapidly, including the investment in high-tech manufacturing industry increased by 11.1% year-on-year, and the investment in high-tech service industry increased by 11.9%. At present, we are concerned about the strengthening of investment in some short-board areas. The investment in ecological protection and environmental governance has increased by 41%, and the investment in education has increased by 18.5%, all of which have maintained a high growth rate. Secondly, the market sales continued to expand, with the total retail sales of social consumer goods increased by 8.3% in January-July, including catering revenue increased by 9.4%, online retail sales of physical goods increased by 20.9%, accounting for 19.4% of the total retail sales of social consumer goods, an increase of 2.1 percentage points over the same period last year.
Source: Responsible Editor of the Finance Associated Press: Han Yukun_NBJ11142